Colorado’s Taxpayer Bill of Rights Should Be a Model for the Nation

"Colorado voters adopted The Taxpayer's Bill of Rights in 1992. TABOR allows government spending to grow each year at the rate of inflation-plus-population. Government can increase faster whenever voters consent. Likewise, tax rates can be increased whenever voters consent. "The Taxpayer's Bill of Rights requires that excess government revenues be refunded to taxpayers, unless taxpayers vote to let the government keep the revenue."